Proprietary Trading Trainee

Status
Trader at
Group/Division/Type
Prop Trading
City
Chicago
Interviewed
April 2012
Overall experience
Positive
Difficulty
Easy

General Interview Information

Outcome
Declined Offer
Interview Source
College / University / On Campus Recruiting
Length of Process
Less than 1 month

Interview Details

What did the interview consist of?
Phone Interview
Group Interview
Presentation
IQ / Intelligence Test
Please describe the interview / hiring process.
I applied online for a position as a proprietary trader trainee. I had been working as a physical commodity trader for 8 months at that time but knew that I wanted to try something different. After trading e-mails with their recruiter and a couple of phone conversations I came in for a group interview/IQ test. The timing was odd because at the time I was living in Kansas City and scheduling as much as I could for monthly trips to Chicago so my experiences may not have been 100% typical. At the group interview the candidates all had diverse backgrounds. One was a physical trader like me at the time, one was an undergrad student whose brother worked as a trader at a similar group in Chicago, one was a grad student and one was in some sort of sales role. All the candidates sat in a room and did an IQ test because myself and the undergrad student would not be in town the following week we were told that if we scored high enough we would be invited back for the next steps in the afternoon via a phone call. After killing 2 hours on the internet in a Starbucks i was invited back for the second round and when I showed up the undergrad student was there as well. After a short discussion from the recruiter and a very brief hello from a senior member of the team we went and sat with one of the trader's who showed us his positions and answered general questions.
Overall Company Rankings
Blurred content of Overall Company Rankings Blurred content of Overall Company Rankings

Want Access to these Tower Hill Trading Overall Company Rankings?

  • Free 1 month access by adding just 1 salary datapoint here
  • REAL salary bonus data across 1,000+ companies
  • Plus free 1 month access to 10,000+ interview insights

Was this interview insight helpful?

How many stars would you give to this interview insight?

No votes have been submitted yet.

$50m+
Est Annual Revenue

Other Interview Data

Associate (Vice President)
Goldman Sachs, CHICAGO, 2016
Trader (Vice President)
HSBC, New York, 2022
Vp (Vice President)
Morgan Stanley, New York, 2021
Vp (Vice President)
Morgan Stanley, New York, 2021
Quantitative Strategist (Vice President)
Morgan Stanley, NA, 2020

Unlock WSO Database

1 month free. Add your own pay data.